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Profitable Yachts and Boats Company for Sale in Split, Croatia

For Sale: Yachts and boats chartering business with 10 sailing boats and 3 motorboats.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 540 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 35 %
Industries Yachts and Boats
Locations  Split
Local Time 10:55 PM Europe / Zagreb
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: EUR 1,800,000)
Reason: - Owner plans to explore other business ideas. This is a good business that can give even more retur... View More
Includes physical assets worth USD 1.3 million
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Business Overview

- Company provides yacht and boat chartering services for weekly sailing experiences.

- For experienced and beginning sailors, we offer both bareboat and skippered charters with a captain.

- We own 10 sailing boats and 3 motorboats and the booking cost ranges from EUR 1,000-8,000 per week depending on the boat.

- We also provide boat assembly, installation, boat maintenance and booking services for other boat owners.

- Croatia is one of the most visited touring destinations for sailing, and we got over 300 bookings last year.

- Majority (66%) of our bookings are direct clients and we have served over 2,000 satisfied clients.

- Have a good relationship with other agencies and charter companies for bookings, which contribute to 33% of our revenue.

- Our staff includes 3 boat maintenance employees and 3 booking agents.

- We incorporated as an LLC in 2010, but have been in the charter business since 2005.

- Our sales have dropped this year due to COVID-19 which impacted the whole tourism industry.

- After COVID our business is better than ever. People looking for a isolated vacation.

Products & Services Overview

- Weekly charter of sailing boats with or without a captain.

- Daily charter.

- Boat assembly and maintenance.

- Agency business: facilitate booking for other boat owners.

- AC and heating system installation.

Assets Overview

- Registered entity, brand, and clientele.

- 10 sailing boats (1x Bavaria 37, 2x Bavaria 39, 3x Bavaria 46, 1x Bavaria 51, 1x Bavaria 54, and 2x Bavaria 56 cruisers) and 3 motorboats (30, 32, and 34ft)

Facilities Overview

Rented 30 sq mt booking office for EUR 1,000 monthly rent.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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